Identity Theft: Risk and Prevention in Singapore

The average organisation loses around 5% of its revenue to fraud each year, with the rise of identity theft crimes creating a global epidemic. Creative fraudsters are using increasingly sophisticated methods to impersonate individuals and organisations for their own financial gain, so preventative action is more important than ever to stop identity theft.
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ABS CertifiedShred-it has been certified by the Association of Banks in Singapore (ABS) as an approved outsourced service provider. OSPAR (Outsourced Service Provider’s Audit Report) assesses control and governance, and standardises requirements and auditing processes for firms providing services to the financial industry, confirmed by an annual independent audit.

NAID MemberShred-it Singapore is a NAID Member, adhering to the stringent security practices and procedures established by the National Association for Information Destruction.